Auction for Nevada unclaimed property to be held Saturday
(AP) – Hundreds of items held by the Nevada unclaimed property division will be auctioned Saturday.
State Treasurer Kate Marshall says more than 325 items will be sold to the highest bidder. Registration starts at 9 a.m. and bidding begins at noon at the Grant Sawyer Building in Las Vegas.
The property comes from safe deposit boxes deemed abandoned after attempts to locate an owner are unsuccessful.
The state treasurer’s office holds an auction once a year, and last year’s auction netted about $94,000.
Marshall says rightful owners can still claim the value of the property after it is sold.
The division currently has about $432 million in unclaimed property.
People can check to see if the state is holding any of their forgotten property by going to the state treasurer’s website.